The native Algorand token is the best performing token today, rising more than 10%.
The Bitcoin hack attempt that took place in the last 12 hours was stopped, and the asset returned to its starting point of around $78,000.
Meanwhile, most larger-cap alternative stocks remained in the same place as yesterday, with the exception of TRX, which posted a notable increase.
BTC stopped at $79,000
After trading sideways at the end of last week, the underlying cryptocurrency continued to rise on Monday morning, rising to $79,500 for the second time in the past 10 days or so. However, the scenario was repeated again as the Bears stepped up and immediately rejected their attempt. By Monday evening, Bitcoin had fallen below $77,000 and below $76,000 the next day.
More volatility appeared before and after the third Federal Open Market Committee meeting of the year on Wednesday, although the Fed Didn’t change pricesAs expected. BTC first pumping About $78,000 before falling to just under $75,000.
The cryptocurrency rebounded on Thursday and Friday, especially after Iran sent a new peace proposal to the United States. BTC got to $78,000 and stayed there on Saturday before jumping to just over $79,000 on Sunday morning when Washington received another bid.
However, Trump remains pessimistic, and Bitcoin was soon pessimistic to stop. It returned to $78,000, where it found support and is now well above that level. Its market capitalization remains sideways at $1.570 trillion, while its dominance in altcoins stands at 58.5%.
XRP is preparing to move
Most larger-cap alternative stocks turned green today, but with very modest gains. Ethereum maintained the $2,300 level, while XRP remained close to $1.40. Although the code has remained sluggish on a broader weekly or even monthly basis, so have analysts convinced It is preparing for a big move targeting $1.82 or $1.00, depending on the direction of the larger trend.
BNB is near $620, DOGE is near $0.11, while TRX is up 3% to $0.34. ZEC and TAO are the other notable gainers from this group of assets, while HYPE and BCH lost the most value. ALGO stock was the biggest daily gainer, rising 11%.
The total cryptocurrency market cap remains quiet at just under $2.7 trillion on CG.
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